The US is reportedly threatening to remove the dollar’s peg to the Hong Kong dollar. Here’s why that’s an empty threat from the Trump administration. – The Wealth Builderz

The US is reportedly threatening to remove the dollar’s peg to the Hong Kong dollar. Here’s why that’s an empty threat from the Trump administration.

July 11, 2020 | 9:41 am

Bloomberg reported this week the US might restrict Hong Kong’s access to US dollars and potentially spell an end to the Hong Kong dollar’s 37-year currency peg to the US dollar.
One analyst, however, rubbished the threats, saying that such …
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